Allows small employers to claim tax credit for paying certain health benefits plan premiums.

This bill (S 1412) allows small employers with fewer than 20 employees to claim a tax credit if they pay for their employees' health insurance premiums. Employers qualify if they cover health plans meeting federal Affordable Care Act standards and pay at least 50% of the premium cost. The credit is $250 per employee for single coverage or $500 for family coverage when the employer pays 100% of premiums, with reduced amounts for partial payments (e.g., 50-100% paid). The credit cannot exceed the actual premiums paid or 50% of the employer’s tax liability, and unused credits cannot be carried forward. It directly affects small businesses seeking to offset health insurance costs for their employees.